Brazilian sector stood out amid the economic rebound and during the COVID-19 crisis. Valued exchange and export capacity make Brazilian agribusiness companies more attractive for foreign investors.
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The Gulf country established this Thursday (4) the Oman Investment Institution, which will manage at least two investment funds.
Last month saw BRL 37.2 billion in net deposits into savings accounts, the Brazilian Central Bank reported.
The action is part of the campaign ‘Federal District Government and Embassies United Against Covid-19,’ created by the Federal District Government’s Office of International Affairs and the Covid-19 Emergency Committee.
The opening up of new markets for Brazilian goat and sheep meat, including Kuwait, is encouraging companies and government entities to work toward exports.
Year-to-date through April saw USD 6.7 million worth of olives shipped to Brazil, while sales from Argentina slid.
US dollar outflows exceeded inflows by USD 3 billion, ending a string of deficits that had begun in July 2019.
The comic book premiered in the Brazilian market in 2015. An award-winner in France, it tells of the author Riad Sattouf’s childhood days in Libya and Syria.
As per numbers made public by the Information & eGovernment Authority (iGA) of Bahrain, imports of goods from Brazil amounted to USD 73.7 million.
Arab country will allow hotels to increase their occupancy cap from 25% to 50% as of Monday. Establishments must have hygiene safety certificates.
To organize the event, the country’s Ministry of Culture established a foundation aimed at hosting one contemporary art and one Islamic art biennale.
Overall sales from Brazil slid 4.2% last month, while agriculture and livestock product exports soared.
According to the Ministry of Infrastructure executive secretary, the Brazilian federal government will present in June a program to increase the supply in the segment.
The country’s economy is expected to slide by 7.6% to 11% this year as a result of the novel coronavirus, but international support and access to technology can improve the scenario.

